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Cannon III || Accurately Solved.

Cannon III Exam Questions and Answers Graded A+ Trust department assets should be held under joint custodian and adequately controlled by an appropriate accounting system and operating procedures. In addition, trust department assets should be verified as part of the departmental audit required by federal and state regulators. Which of the following are considered assets subject to control and audit verification? - Answers Life insurance policies with no stated cash surrender value. Free-ridin...